Appointment of Auditor

RNS Number : 5304E

NewRiver REIT PLC

04 July 2019

 

NewRiver REIT plc

("NewRiver" or the "Company")

Appointment of Auditor

NewRiver announces that the Board of NewRiver has approved the appointment of PricewaterhouseCoopers LLP ("PwC") as the Company's auditor for the financial year ending 31 March 2020, following the conclusion of a competitive tender process led by the Company's Audit Committee in line with best practice.

PwC's appointment, effective from 1 July 2019, is on terms that are subject to approval by the Company's shareholders at the 2019 Annual General Meeting, to be held on 25 July 2019.

Deloitte LLP ("Deloitte"), the Company's auditor for 10 years, has formally resigned with no matters to report. Deloitte's 'Statement of reasons connected with ceasing to hold office as auditor', effective from 1 July 2019, can be viewed and downloaded on the Company's website, www.nrr.co.uk.

For further information

NewRiver REIT plc			[phone]
Allan Lockhart (Chief Executive) Mark Davies (Chief Financial Officer)
Rob Marcus (Company Secretary)

Finsbury				[phone]
Gordon Simpson James Thompson

About NewRiver

NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing, developing and recycling convenience-led, community-focused retail and leisure assets throughout the UK.

Our £1.3 billion portfolio covers over 9 million sq ft and comprises 34 community shopping centres, 23 conveniently located retail parks and over 650 community pubs. Having hand-picked our assets since NewRiver was founded in 2009, we have deliberately focused on the fastest growing and most sustainable sub-sectors of the UK retail market, with grocery, convenience stores, value clothing, health & beauty and discounters forming the core of our retail portfolio. This focus, combined with our affordable rents and desirable locations, delivers sustainable and growing returns for our shareholders, while our active approach to asset management and in-built 1.9 million sq ft development pipeline provide further opportunities to extract value from our portfolio.

NewRiver has a Premium Listing on the Main Market of the London Stock Exchange (ticker: NRR) and is a constituent of the FTSE 250 and EPRA indices. Visit www.nrr.co.uk for further information.

LEI Number: 2138004GX1VAUMH66L31

 

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